Operational Risk Framework Design
Finance
OperationalRiskFrameworkDesign-AssistantVicePresident
Neural analysis suggests this role is
optimal for Senior candidates.
“Operational Risk Framework Design - Assistant Vice President at Operational Risk Framework Design. Skills: Operational Risk Management, Framework design, Framework implementation, System-based solutions. Supporting the framework by designing the framework. Developing and implementing system-based solutions to support the framework’s execution”
Industry & Context.
Very good eye for detail, numerically literate and accurate with numbers
What They're Looking For.
Must Have
More than seven years of relevant professional work experience
Nice to Have
Master's degree (or equivalent) in banking, finance, economics, or business administration is desirable., Experience with any Framework component (designing and / or implementation) is desirable, Professional experience in Operational Risk Management, Internal audit would be an advantage, Working with teams spanning multiple geographical locations, Preparation of presentations for senior management, Business analysis and/or project management would be an advantage, Managing various stakeholders, deadlines and adhering to regulatory/audit requirements would be an advantage
What You'll Do.
Supporting the framework by designing the framework, Developing and implementing system-based solutions to support the framework’s execution, Development and oversight of framework procedural documents, Preparation of guidance and training material to improve the understanding and embeddedness of the framework across the bank., Perform impact analysis of potential design changes and liaising with key stakeholders to socialise changes, Support the development of solutions and identify business requirements to connect data, processes and reporting across multiple ORM systems, Support the overall agenda of ORM Framework and its related activities by increasing the cross-component knowledge, ensuring generalised understanding of all framework components, and the impact of the framework on the bank’s risk management activities, Support on enquiries from auditors and regulators, Manage and mentor junior team members, addressing functional and interpersonal aspects, Regular attendance at scheduled meetings and conferences, e.g.
, presentations of work results to senior decision-makers/working groups, partly also processing of meetings and telephone conferences (agendas, keeping the minutes), Support with urgent activities at short notice, Exchange of specialist information with colleagues, e.g.
, by means of presentations / micro-trainings, Other activities include regular governance and connect with relevant stakeholders etc.
How You'll Work.
Team & Collaboration
Work closely with global ORM colleagues and stakeholders across the three lines of defence.; Work closely with team members to support cross framework component collaboration and integration.; Ability to work as part of an international team
Communication Scope
Excellent verbal and written communication skills in English
Process & Methodology
Business analysis and/or project management would be an advantage
Full Job Description
## _**Job Description:**_ **In Scope of Position based Promotions (INTERNAL only)** **Job Title:****Operational Risk Framework Design - Assistant Vice President** **Location:****Mumbai, India** **Role Description** * This position is within Operational Risk Management (ORM) within the 2nd Line of Defence (LoD). ORM is the Risk Type Head (RTH) function for Operational Risk (OR) and owns the overarching Operational Risk Management Framework (ORMF). * The ORM Framework Design Team defines and designs the Framework to appropriately identify, assess, mitigate, monitor, report and escalate operational risks. * This role is responsible for supporting the framework lifecycle; by designing the framework and developing and implementing system-based solutions to support the framework’s execution. * The successful candidate will be expected to work closely with global ORM colleagues and stakeholders across the three lines of defence. * The team looks at various framework components, the key ones being – Event Management, Scenario Analysis, Risk and Control Self-Assessment (RCSA), Transformation Risk Assessment, Controls Framework, Findings Management, Risk Appetite and Metrics. **What we’ll offer you** As part of our flexible scheme, here are just some of the benefits that you’ll enjoy * Best in class leave policy * Gender neutral parental leaves * 100% reimbursement under childcare assistance benefit (gender neutral) * Sponsorship for Industry relevant certifications and education * Employee Assistance Program for you and your family members * Comprehensive Hospitalization Insurance for you and your dependents * Accident and Term life Insurance * Complementary Health screening for 35 yrs. and above **Your key responsibilities** * Development and oversight of framework procedural documents * Preparation of guidance and training material to improve the understanding and embeddedness of the framework across the bank. * Consider feedback from various stakeholders (e.g., Business,
Applying for this Operational Risk Framework Design - Assistant Vice President role?
Most applicants get filtered before a human reads their resume. See if yours makes the cut.
How to Apply on Workday
- Workday has a multi-step form — save your progress after every section.
- "Apply With LinkedIn" can fail or lose data; manual entry is more reliable.
- Watch for the "Submit for Review" final step — hitting "Save" alone does not submit.
- Job requisition numbers are useful when following up with HR by email.
ANONYMOUS · UNFILTERED
What do employees actually say about Operational Risk Framework Design?
Real rants from real employees. Read before you apply.